We committed to include calorie information on the front of nearly all our packages by the end of 2011 and have a physical activity program in 100 countries toward our goal to have one in every country in which we operate by 2015. The structure of the Sustainability Report 2020 corresponds to the main pillars of Coca-Cola HBC's corporate social responsibility and sustainability, such as reducing emissions and caring for the climate, looking after water and water resources, striving for a world without waste, and an inclusive approach to corporate development. Also in 2010, our system increased production volume while reducing global carbon emissions by 2 percent, putting us a step closer to our goal of growing our business but not our carbon footprint. The company is confident in its ability to gain share and consumers, maintain strong system economics, strengthen its reputation with key stakeholders and position the organization to win. Price/mix declined 5% for the quarter driven by negative channel and package mix in Europe. Coca-Cola's Business & ESG Report 2020 CSR Europe By using this website, you agree to our use of cookies. Plastics This year's report also received verification by a third party agency, indicating the agency's approval of tracking systems, resulting in an overall B+ grade. Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Price/mix declined 3% for the quarter, driven by negative channel and package mix due to the impact of the coronavirus pandemic. View Governance. By the end of 2011, PlantBottle packaging was available in 20 markets, and nearly 10 billion PlantBottle packages had been shipped. Operating income growth of 35% in the quarter included a tailwind from items impacting comparability and a headwind from currency. Volume was further impacted by pressure in the Asia Pacific and Europe, Middle East & Africa operating groups. We also exceeded our goal of installing 150,000 hydrofluorocarbon (HFC)-free coolers in 2010, for a cumulative total of 277,000 such units by the end of that year.Additionally, we increased that total to 500,000 by the end of 2011. The company invites participants to listen to a live webcast of the conference call on the companys website, http://www.coca-colacompany.com, in the "Investors" section. At the end of 2020 we announced our ambition to reach net zero greenhouse gas emissions across our entire value chain in Europe by 2040. Learn all about our sustainability initiatives. The company's underlying effective tax rate (non-GAAP) is estimated to be 19.5%. In the reconciliation of reported net revenues, "concentrate sales" represents the percent change in net revenues attributable to the increase (decrease) in concentrate sales volume for the geographic operating segments and the Global Ventures operating segment after considering the impact of structural changes. She has exemplary communication, leadership, innovative and collaborative skills . We increased the number of women in system leadership roles, going from 23 percent in 2008 to just over 27 percent in 2010. The report highlights progress made on all aspects of business, governance and sustainability during 2020. 2013 Annual Review . Operating Review Year Ended December 31, 2020. US$705 Million Green Bond Issued September 2020 US$350.12 million allocated Between 2018-2021 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks.
The company also provided an update on its strategic transformation initiatives. The Coca-Cola Company is committed to good corporate governance, which promotes the long-term interests of shareowners, strengthens Board and management accountability and helps build public trust in the Company. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. | Learn more about Sanchit Singhal's work experience, education, connections & more by visiting their profile on LinkedIn Our goal is to create closed loop systems, extracting the maximum value from materials and products while in use, and then recovering and recycling them.. Low- or no-sugar beverages account for about 45% of the companys global portfolio and about 29% of its global volume. Human Rights | Coca-Cola European Partners Investors Contact Our human rights journey November 2020 Listed on the Dow Jones Sustainability Index for a fifth year (one of just four beverage companies to be listed on the DJSI World Index and one of three to be listed on the DJSI Europe Index). Our Affordable Small Sparkling Package (ASSP) is the worlds lightest-weight best-performing bottle. Comparable currency neutral operating income (non-GAAP) grew 14% for the quarter and was even for the year, driven by effective cost management across operating groups offset by top-line pressure due to the coronavirus pandemic. The Coca-Cola Company. Phone: +374 105 41 028 Email: [email protected] Address: Coca-Cola HBC Armenia, Tbilisyan Highway Lane, 8/3 Building Yerevan, 0052, Armenia View Site TheCoca-ColaCompany(NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. The Coca-Cola Company has been refreshing the world and making a difference for over 136 years. The company continues to strengthen risk assessments and streamline supplier engagement processes. Unit case volume declined 3% for the quarter and 6% for the year, as continued strength in at-home channels was more than offset by coronavirus-related pressure in away-from-home channels. Financing Agreements; In August, Coca-Cola Beverages Philippines announced an investment of US$22 million in its operations to support its expansion projects and maintain its labor forces. Brussels, Brussels Region, Belgium. Creating a $100 million fund with The Recycling Partnership, Closed Loop Partners and World Wildlife Fund in the U.S. to reclaim more plastic bottles so they can be remade into new bottles. Lusaka, Zambia The first quarter has five additional days compared to first quarter 2020. The companys sustainability goals are interlinked.. The Netherlands and Norway recently became the second and third markets in Western Europe (after Sweden) to transition to 100% rPET for their entire portfolios.. Unit case volume declined 4% for the quarter, primarily due to coronavirus-related pressure in away-from-home channels in Europe and South Africa, partially offset by growth in Western Africa and Turkey. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. 2015 Annual Review. The company is hosting a conference call with investors and analysts to discuss fourth quarter and full year 2020 operating results today, Feb. 10, 2021, at 8:30 a.m. About . The Coca-Cola Company in Boydton, VA Expand search. Brand Manager Nutrition at The Coca-Cola Company | International MBA at AUEB. Jun 2021 - Present1 year 10 months. 2016 Annual Review. Explore our Purpose & Vision, History and more. The Coca-Cola Company, 2020 World Without Waste Report (June 2021), p. 5. We have more than 800 low- and no-calorie beverages--nearly 25 percent of our global portfolio. The Coca-Cola Company has advanced its core sustainability priorities - from water replenishment to sugar reduction to diversity and inclusion - in 2020 despite unprecedented challenges presented by a global pandemic, natural disasters, social unrest and more, senior leaders told investors on Nov. 13 . Sustainability Report 2021 demonstrates the company's progress and . Coca-Cola is committing to sharing diversity, equity and inclusion metrics with senior leaders each quarter, and disclosing results to investors and stakeholders on a regular basis. Extending a global pay equity analysis to ensure employees in equal or similar jobs are paid fairly, without regard to gender (globally) or race/ethnicity (in the U.S.). We have realigned our focus on 3 strategic pillars of our operations People, Community and Business Continuity. Join to view profile Coca-Cola Beverages Zambia. The portal for Sustainability Reporting. Annual Reviews. The Coca-Cola Company reported against the GRI's key performance indicators in the areas of economic, environmental and social performance and self-declared a B grade against the new GRI G3.1 guidelines. We use cookies to provide you with a great experience and to help our website run effectively. Fiscal Year Ended Dec 31, 2020. The Coca-Cola Company is committed to good corporate governance, which promotes the long-term interests of shareowners, strengthens Board and management accountability and helps build public trust in the Company. Coca-Cola's Chief Sustainability Officer, Bea Perez, discusses the importance of prioritizing our sustainability goals as the business emerges stronger from the global pandemic. Our planet matters. The company also provided an update on its strategic transformation initiatives. Feb 2021 - Present2 years 2 months. Launching a $140+ million PET Packaging Manufacturers of Clean Environment (PACE) initiative in India to create Asias Largest Packaging Waste Management Venture with goal of preventing recyclable packaging material from reaching landfills by 2025. But at the 2020 World Economic Forum, Coca-Cola's head of sustainability stated otherwise. Our CEO James Quincey has made it very clear what our commitment is this commitment and alignment from the very top drives the top-down effect of ensuring the senior leaders of the company are invested in building accountability and leading by example., Coca-Colas Chief Diversity and Inclusion Officer discusses the importance of taking action to create a diverse, safe and equal work environment. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Price/mix declined 1% for the quarter, primarily due to negative channel mix in key markets. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Developing supply chain management principles to support suppliers through COVID-19 disruptions and uphold food quality, social and environmental standards., Advancing Black representation in leadership roles by boosting investment in leader training and internal pipeline development., Updating recruiting and hiring strategies to deploy tools that assess job postings for bias language, and refreshing interview guides with more inclusive messaging and ensuring all interview panels and slates are diverse.. We've established a portfolio of drinks that are best positioned to grow in an ever-changing marketplace. Introduction to Sustainability Coursera Issued Nov 2020. In July, the company announced to launch of a new hard seltzer under the Topo Chico brand in Latin America. 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To make a difference in people's lives, communities and our planet by doing business the right way. Developing a touch-less option for Coca-Cola Freestyle machines in the U.S., allowing consumers to select and pour drinks them via smartphone all without touching the machines screen. Our Sustainability Stakeholder Report contains a full year of data from 1 January, 2021 to 31 December, 2021 and covers our global business operations in Europe and API. . Similar programs launched in Ethiopia and Tanzania. Writing a Marketing Plan . Reported operating income for Global Ventures for the year ended December 31, 2019 was $334 million. In 2020, Coca-Cola pledged over Rs.70 million through its COVID-19 response program where it donated test kits to the Ministry of Health, essential packs to communities that needed it the most and conducted disinfection programs in multiple local communities. 1 Coca-Cola's work toward its "drink in your hand" goal reduced its relative carbon emissions by 25% by 2020, against a 2010 baseline. Strategic Business Partner (Support functions) at Bottling Investments Group, The Coca-Cola Company Singapore. We exceeded our goal to give back at least 1 percent of our operating income to communities worldwide through TheCoca-ColaCompany and TheCoca-ColaFoundation in 2010 by giving $102 million. We act in ways to create a more sustainable and better shared future. Courtesy of Coca-Cola The impact speaks for itself: A 2020 report from Break Free From Plastic collected 13,834 pieces of Coca-Cola-branded waste across 51 countriesmore than the. Price/mix grew 6% for the quarter driven by pricing and trade promotion optimization in most markets. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. "Unit case" means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products which are primarily measured in number of transactions. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Together with its bottling partners, the company continues to focus on moving swiftly to execute against system priorities and to win in the marketplace. Join to follow The Coca-Cola Company . Home; Annual Reports; News; Participation; Suppliers; Realisation; 25 Years of History; Organizations; Coca-Cola Europacific Partners Sector: Food and Beverage Country: The Netherlands 2021. Atlanta, Georgia, United States. Coca-Cola is a globally distributed brand with products that contribute to the obesity epidemic, the plastic pollution crisis, and water scarcity in vulnerable communities, all of which harm. The unavailable information could have a significant impact on our full year 2021 reported financial results. 2014 Annual Review. 4800 0 obj
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In addition to increasing transparency within the content, we have taken a digital approach to make the report more user-friendly and accessible on a variety of mobile devices. Concentrate sales were 1 point ahead of unit case volume, driven by two additional days in the quarter partially offset by the timing of shipments. Coca-Cola Tria Epsilon was the first company in Greece to introduce recycled plastic to its soft drinks production in 2018. . Unit case volume declined 7% for the quarter, as strong growth in sparkling soft drinks in at-home channels along with growth in AHA, fairlife and Powerade Zero was more than offset by a decline in the fountain business. In addition to the data in the preceding tables, operating results included the following: The 2021 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance. Performance highlights from the 2010/2011 Sustainability Report include: About TheCoca-ColaCompany "The Global 50 report shares the foundation's view of the future and 50 opportunities for future for growth, prosperity and well-being. Increasing total sales globally in 2018 and 2019, while reducing added sugar. Download report Check report history Were taking a holistic approach to sustainability focused on social, environmental and economic stewardship. I actively engage with stakeholders to strengthen The Coca-Cola Company's impact and deliver value to the business across Texas and other centrally located states in the U.S. We aim to improve people's lives, from our employees to those who touch our business to the many communities we call home. Our PlantBottle technology, which allows us to replace 100 percent petroleum-based PET plastic with PET plastic that contains up to 30 percent material derived from plants, is becoming more widely used around the world. Policies Practice and Report; COCA-COLA.COM; COCA-COLACOMPANY.COM Investor Relations. We are striving to make packaging part of the circular economy, Perez said. For both the quarter and the full year, the decline was primarily due to pressure in the fountain business in North America and away-from-home channels in Western Europe due to the coronavirus pandemic. Together with The Coca-Cola Company, we see this as one of our most urgent sustainability priorities. "In 2020, employees from across The Coca-Cola Company and its bottling system worked tirelessly to learn and adapt amidst a global crisis," said James Quincey, chairman and CEO of The Coca-Cola Company. The organization is on a path to emerge stronger and is positioned for long-term success. The global initiative launched in 2018 focuses on designing, collecting and partnering. We act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. Menu. The report analyzed voluntary commitments from the 10 biggest plastic polluters: Coca-Cola, Colgate-Palmolive, Danone, Mars Incorporated, Mondelz International, Nestl, PepsiCo, Perfetti Van. As of the end of 2010, we had achieved 93 percent alignment, and by the end of 2011 we estimate 96 percent alignment with our stringent standards. We act in ways to create a more sustainable and better shared future. Our purpose is to refresh the world and make a difference. Earnings Release We act in ways to improve people's lives, from our employees to those who touch our business to the many communities we call home. Responsible business | Coca-Cola Make 100% of our packaging recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030. Since 2012, this work has added up to more than 1.5 trillion liters of freshwater returned to the environment and communities., Delivering an 18% improvement in water use efficiency in operations since 2010.. Explore our Purpose & Vision, History and more. Tea and coffee declined 15% for the quarter and 17% for the year, primarily driven by coronavirus-related pressure on Costa retail stores, along with pressure on the doadan tea business in Turkey. Given the scale of unemployment and the challenges to our key customers in away-from-home channels, we see an opportunity to expand our economic empowerment strategy in the post-2020 period, engaging in broader industry platforms that collaboratively transform the livelihoods of women, youth and additional vulnerable populations by promoting retraining, upskilling and entrepreneurship, Perez said. While near-term uncertainty remains, we are well-positioned to emerge stronger from the crisis, driven by our purpose and our beverages for life ambition. Bea Perez, SVP and Chief Communications, Sustainability & Strategic Partnerships Officer, and Lori Billingsley, Chief Diversity & Inclusion Officer, shared a detailed progress report on the companys key sustainability goals and initiatives, which are anchored by its refreshed purpose and closely aligned with its business strategy. Filings & Reports . We invest to improve peoples lives, from our employees to all those who touch our business system, to our investors, to the broad communities we call home. Skilled in Marketing Management; Marketing Planning (traditional and digital); Digital Customer Experience; Corporate communications and marketing; Business Planning; Budget planning, Negotiation; People management. According to a recent audit, the industry surpassed this target ahead of schedule (14.6% reduction between 2015 and 2019)., Growing Coca-Cola Zero Sugar volume double digits in North America for the third consecutive year in 2019, while continuing to post double-digit growth of mini can sales., Rolling out 100% recycled PET (rPET) plastic packaging in 18 markets and counting. For the year, the company lost value share in total NARTD beverages due to coronavirus-related restrictions in away-from-home channels, where the company has a strong share position. When expanded it provides a list of search options that will switch the search inputs . 1K followers . | Learn more about Oluwatobiloba Kajero's work experience, education . Director Public Affairs, Communications and Sustainability Pak & Afg (Eurasia and Middle East OU) at The Coca-Cola Company Islmbd, Pakistan. KEY HIGHLIGHTS OF THE SUSTAINABILITY UPDATE 2020 - 21 World Without Waste As part of its World Without Waste initiative, The Coca-Cola Company (TCCC) is committed to make 100 per cent of its packaging recyclable globally by 2025 and use at least 50 per cent recycled material in its packaging by 2030. In 2010, we distributed 2.5 billion PlantBottle packages in 10 major markets, saving more than 60,000 barrels of oil and sequestering the equivalent of nearly 30,000 metric tons of carbon dioxide from our PET plastic bottles. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Sustainably sourcing 54% of priority ingredients with some commodities such as coffee, tea and soybeans close to or at 100% as of 2019.. Oluwatobiloba is an experienced professional skilled in managing and monitoring market trends, driving strategic brand development and executing campaigns and ensuring marketing activities ultimately drive profitable business growth. Furthermore, we continued our commitment to promoting agricultural practices that arebetter for both farmers and the environment, through projects such as. Unit case volume declined 4% for the quarter, primarily due to adverse weather in Southeast Asia along with coronavirus-related pressure in away-from-home channels in most markets in the region. Home; Our Brands. endstream
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Since 2000, our average calories per serving decreased by 9 percent globally. - Foundation, Anandana, has set up 300+ water replenishment structures with a potential of replenishing 14 billion liters of water which has further benefitted more than 1 Million community members. The company can't pursue plastic-free bottles, as their customers enjoy their convenience. Volume performance included solid growth in sparkling soft drinks in China and India. Our purpose is to refresh the world and make a difference. Publishes 2020 integrated annual report 'Adapt to Win' Zug, Switzerland - 18 March 2021 - . We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. 2020; 2019; 2018; 2017; 2016; Videos Videos; Careers. This innovation will be available on all Freestyle machines in the U.S. by the end 2020. Explore our Purpose & Vision, History and more. 2022 The CocaCola Company. it saved 840 tones of plastic and more than 1,000 tones of CO 2 for years 2020-2021. 2018 Annual Review. A new science-based target aims to reduce the companys absolute carbon emissions by 25% by 2030, against a 2015 baseline, in line with the Paris Agreement Goals. From trademark Coca-Cola to Sports, Juice & Dairy Drinks, Alcohol Ready-to-Drink Beverages and more, discover some of our most popular brands in North America and from around the world. This efficient use of input materials help in more than doubling the fruit produce. Sustainable Development Reports | Swire Coca-Cola Sustainability Overview Planet Product People SD Reports Sustainable Development Reports Further details of our environmental and social performance are outlined in our Sustainability Report. This button displays the currently selected search type. We believe working at The Coca-Cola Company is an opportunity to build a meaningful career while helping us make a real difference on a global scale. Budapest, Hungary. 4761 0 obj
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Category cluster performance was as follows: Sparkling soft drinks declined 1% for the quarter and 4% for the year. Catch up on the latest Coca-Cola news from around the globe - from exciting brand innovation to the latest sustainability projects. 3 Due to the combination of multiple business models in the Global Ventures segment, the composition of concentrate sales and price/mix may fluctuate materially on a periodic basis. Skilled in Corporate Social Responsibility, Public Policy . Comparable EPS (non-GAAP) is expected to include an approximate 2% currency headwind based on the current rates and including the impact of hedged positions. Organic revenues (non-GAAP) declined 17%. The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. <br><br>While serving in these organizations, I have led high-performing teams and provided strategic leadership in: strategic communications, leadership and internal communications, stakeholder and community management, corporate . According to an updated Cradle-To-Resin Life Cycle Analysis of Polyethylene Resin by the National Association for PET Container Resources (NAPCOR), a 60% reduction in greenhouse gas emissions and a 75% lower total energy demand may be achieved by replacing a unit of . 2020 BUSINESS & ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT This report is a reflection of how, together with our bottling partners, we navigated the COVID-19 crisis as a global business while advancing our environmental, social and governance (ESG) priorities. See how our company and system employees make this possible every day and learn more about our areas of focus in sustainability. 102-53 Contact point for questions regarding the report Please visit our Contact Us webpage, email us or call 1-800-GET-COKE (U.S. only). Principles for Sustainable Agriculture (PSA), What the Fanta Mystery Flavors and Campaign, Coca-Cola Christmas Caravan Twenty Fifth Anniversary, Coca-Cola Zero Sugar Invites Fans to #TakeATaste, Simply Mixology Raises the Bar of At-Home Mocktail & Cocktail Experiences, Sprite, Fresca, Seagrams, & Mark Ronson Madlib Music Connection.
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